2015 IRS Refund Cycle Chart for Tax Year 2014

2014 IRS E-File Cycle ChartThis is a schedule for 2015 IRS Refund Cycle Chart. Direct Deposit and Check date’s below. Please see disclaimer. 2015 tax refund schedule is listed below for information purposes. This is just for the first week. Find out when you’re state income tax refund will be in.  Please consider donating $1 to $5 to us for help with cost of running the site. If you use our schedule on your webpage, please drop us a link. January 20, 2015 is the first day of tax season 2015. The I.R.S will begin accepting tax returns January 20, 2015.

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We updated our IRS E-File Cycle Chart today to account for the IRS changing the payout dates from Thursday to Wednesday. Check out the changes and please let us know if you find any problems.

2015 IRS Tax Refund Schedule.

Having trouble with the IRS Where’s My Refund tool? Here are some handy tools to decipher your way around this.

How to read your IRS tax account transcript.

Tax Topic 151

Tax Topic 152

Tax Topic 203

Tax Topic 452

Other helpful tools:

Where’s My State Refund? State Tax Return Information

Estimate your tax return online

File your Taxes for Free Online

Affordable Care Act and It’s affect on your taxes

Updated for the 2014 Tax Year (2015 Tax Season)

One of the most pressing questions in the life of an early tax filer – when can I expect my tax refund to come? Before e-filing, this was always difficult to predict. First, you mail in your return. Then someone inputs all your information (and later, computers scanned in your information), then the Treasury had to issue a check, which was then mailed to you. Now, with a free IRS e-file, you can get your refund in as little as 8 days from when you file, if you elect for direct deposit.

For 9 out of 10 taxpayers, the IRS issued refunds in less than 21 days from the date the return was received last year.

For the 2015 tax filing season, the IRS announced that it will start accepting eFile and paper returns on January 20, 2015. You can find the press release here.

Great news! The IRS have begin testing for the upcoming Tax Season 2015.

We have reports from our affiliate RefundSchedule.com that the IRS have accepted several lucky tax payers to have their IRS tax returns accepted early. This does not include state tax returns as far as we know. They accepted January 14th through January 16th for these lucky few. More details:

Early reports of IRS approving many tax returns ahead of time.

 

IRS announced the Tax Season 2014 Tax Filing Start Date

2014 Tax Filing Start Date

Today we have great news coming from the IRS. It’s official the IRS 2015 Tax Season will begin January 20th, 2015. We have updated our 2015 IRS E-File Cycle Chart to reflect this. We have previously quote the 23rd, but the IRS decided to be generous and grant us three more days than we expected. Tax Season 2015 Start Date is January 20, 2015. 2014 Tax Filing Start Date Read the rest of this entry »

2014 Federal Tax Rate Schedules

Updated for Tax Year: 2014
2014 tax brackets
These 2014  federal tax rate schedules are provided to help you estimate your 2014 federal income tax. All tax softwares will apply these rates as you complete your tax return.
 2014 tax brackets
Single
If taxable income is over—
but not over—
the tax is:
$0
$9,075
10% of the amount over $0
$9,075
$36,900
$907.50 plus 15% of the amount over $9,075
$36,900
$89,350
$5,081.25 plus 25% of the amount over $36,900
$89,350
$186,350
$18,193.75 plus 28% of the amount over $89,350
$186,350
$405,100
$45,353.75 plus 33% of the amount over $186,350
$405,100
$406,750
$117,541.25 plus 35% of the amount over $405,100
$406,750
no limit
$118,118.75 plus 39.6% of the amount over $406,750

 

Married Filing Jointly or Qualifying Widow (Widower)
If taxable income is over—
but not over—
the tax is:
$0
$18,150
10% of the amount over $0
$18,150
$73,800
$1,815 plus 15% of the amount over $18,150
$73,800
$148,850
$10,162.50 plus 25% of the amount over $73,800
$148,850
$226,850
$28,925 plus 28% of the amount over $148,850
$226,850
$405,100
$50,765 plus 33% of the amount over $226,850
$405,100
$457,600
$109,587.50 plus 35% of the amount over $405,100
$457,600
no limit
$127,962.50 plus 39.6% of the amount over $457,600

 

Married Filing Separately
If taxable income is over—
but not over—
the tax is:
$0
$9,075
10% of the amount over $0
$9,075
$36,900
$907.50 plus 15% of the amount over $9,075
$36,900
$74,425
$5,081.25 plus 25% of the amount over $36,900
$74,425
$113,425
$14,462.50 plus 28% of the amount over $74,425
$113,425
$202,550
$25,382.50 plus 33% of the amount over $113,425
$202,550
$228,800
$54,793.75 plus 35% of the amount over $202,550
$228,000
no limit
$63,981.25 plus 39.6% of the amount over $228,800

 

 

Head of Household
If taxable income is over—
but not over—
the tax is:
$0
$12,950
10% of the amount over $0
$12,950
$49,400
$1,295 plus 15% of the amount over $12,950
$49,400
$127,550
$6,762.50 plus 25% of the amount over $49,400
$127,550
$206,600
$26,300 plus 28% of the amount over $127,550
$206,600
$405,100
$48,434 plus 33% of the amount over $206,600
$405,100
$432,200
$113,939 plus 35% of the amount over $405,100
$432,200
no limit
$123,424 plus 39.6% of the amount over $432,200

Estimate your 2014 Tax Return with our 2015 Tax Refund Calculator.

2015 Tax Season is expected to be the worst yet for tax filers.

The Internal Revenue Service is gearing up to be hated even more than usual due to a “miserable” 2015 tax season, the agency’s commissioner warned. That’s because of a lack of funding from Congress combined with increased responsibilities.

The 2015 tax filing season “will be one of the most complicated filing seasons we’ve ever had,” IRS Commissioner John Koskinen warned at the American Institute of Certified Public Accountants (AICPA) National Tax Conference in Washington, DC Thursday. “All we can do is try to maximize our services as well as we can; as well as we can is still going to be miserable. You really do get what you pay for.”

Koskinen followed National Taxpayer Advocate Nina Olson ‒ who’s been in that role since 2001 ‒ at the conference. And she was even gloomier with her predictions.

“The [2015 tax season] is going to be the worst filing season since I’ve been the national taxpayer advocate; I’d love to be proved wrong, but I think it will rival the 1985 filing season when returns disappeared,” she told the audience of tax practitioners, according to Forbes. Read the rest of this entry »

Just when you thought Black Friday and Cyber Monday couldn’t possibly get any bigger, marketers around the country are opening earlier, offering deeper discounts, and even streaming live video online.

Seriously – Reddit is turning Black Friday into a 24-hour television event so you can enjoy the craziness from the safety of your homes.

And what’s at stake? Your sanity and your wallet. But thankfully, there are ways to take advantage of Black Friday and Cyber Monday deals and still maintain a positive balance in your bank account.

Know What You Want Before You Spend Money

Even the best of us fall to the temptation of spending more money that we intended to. One of the best ways to maintain your Black Friday dignity and keep more money in your wallet is to know what you want to buy before you step out of the house – or in the case of Cyber Monday, before you turn on your computer. Read the rest of this entry »

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